The Occam's Razor Principle roughly paraphrased would mean that when there are several explanations possible for any phenomenon usually the simplest is the best.

All fundamental logic would point to a weaker yen and all weak hands were tipping their hats to that side.

The smart, if someone will not call them the crooked, have a reason thus, that since there is only so much money in the pot at any point in time, to tip theirs the other way round.

Stops and risk management ideologies and what have you created a lobogola compressed in time.

Sherlock Holmes or not, it's elementary my dear.

Anatoly Veltman writes: 

I'll add, and believe me not– I knew it all along Wed/Thu– the reversal was imminent. The only question was: were there inside parties, with ability to skim off the top. My guess was: yes, in modern virtual finance those parties are ever-present and almost infallible. So here you go: push the thin ice when no one is looking - and all they will see is a geyser!

I'm sure that bottom-feeders were put out of their misery on a split-second 76.50/77.50 quote between the US and Japan sessions: bought back their Yen, closed out at 76.50; end of their account…


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